For Sale
$1,500,000

107 Q StSpringfield, OR 97477

Prime Springfield Office, 3,844 sq ft, $1.5M

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A office building, located at 107 W Q St in Springfield, Oregon (97477), presents a unique investment opportunity. Boasting 3,844 square feet, the property enjoys a highly desirable location between West Q Street and Pioneer Parkway, ensuring significant daily vehicle traffic exposure. Currently occupied by four established tenants—an insurance agency, a tattoo artist, and a bookkeeping service—each tenant occupies a self-contained unit with individual walls, utility meters, restrooms, heat pumps, and security systems. These tenants are secured with stable 3-5 year leases, providing immediate and consistent income. The insurance agency unit includes a substantial kitchen, a dedicated conference room, ample built-in storage, and two private offices. The building's versatility allows for a wide range of potential uses, including, but not limited to, a drive-thru restaurant, coffee shop, or even an electric vehicle charging station. This property offers a blend of stable income and significant future development potential in a high-traffic area of Springfield, Oregon. The building is situated in Lane County and benefits from its excellent accessibility and visibility. This is a rare opportunity to acquire a well-maintained, income-producing commercial property in a thriving location.

Highlights

  • $1,500,000 asking price.
  • 3,844 square feet, Class A retail/office building.
  • Located at 107 W Q St, Springfield, OR 97477.
  • High-traffic location between West Q Street and Pioneer Parkway.
  • Four established tenants with stable 3-5 year leases.

Property Details for 107 Q St

Property type
Retail properties, Office properties
Square Feet
3,844 SF
Class
A

Location Insight

City
Springfield
County
Lane
State
Oregon
Latitude
44.0616677
Longitude
-123.0265855
107 Q St, Springfield, Oregon

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107 Q St
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